Yodel, the delivery company suffered a cyber attack earlier this week that disrupted deliveries across the UK. Deliveries look to be continuing and the disruption managed. #cybersecurity #cybersecurityriskmanagement #governance #cyberattacks View Original Post
The New Zealand Financial Markets Authority (FMA) this month reminded market service licensees of their obligations to manage cyber and operational resilience. The FMA is responsible for regulating all financial market participants, exchanges and the setting and enforcing financial regulations.…
I have written a white paper with the U.S. Institute of Internal Audit on the Securities and Exchange Commission (SEC) proposal for Cybersecurity Risk Management, Strategy, Governance and Incident Disclosure by public companies. The paper is written in support of…
A Canadian court has approved a $200M settlement against Desjardins bank, following its 2020 data breach that affected 4.2 million customers. It is an example of the regulatory precedents being set by courts in Canada and an example of the…
Credit rating agency Moodys sees cyber regulation as ‘Credit positive’, with EU NIS 2 and DORA placing a greater emphasis on third party services providers such as cloud providers Ted Dziekanowski . That can only be a good thing for…
A recent U.S. presidential order seeks stronger relationships with partner nations on cybersecurity law enforcement. Only by working together with key law enforcement and prosecutorial partners in the EU can we effectively combat the threat that ransomware poses to our…
A great summary from the international Law firm Goodwin on the Securities and Exchange Commissions(SEC) cybersecurity risk management proposals for Investment Funds, Advisors and SEC Public registrants. We have been saying for some time that the rules are coming and…
U.S. National cyber Director said the approach to U.S. Federal cybersecurity and investment is not working and needs to be transformed. He has commented previously on his belief that cybersecurity needs to be managed following a whole of society approach.…
A comprehensive cybersecurity and telecommunications bill has been introduced to Canada Parliament this week, enacting the Critical Cyber Systems Protection Act to provide a framework for the protection of the critical cyber systems of services and systems that are vital to national…
For those following the regulatory developments for cybersecurity risk management, continue to read. Last week under the Securities and Exchange Act of 1934 the Options Clearing Corporation (OCC) filed with the Securities and Exchange Commission (SEC) a proposed rule change…
